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Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $ 9 8 0

Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $980. Selected data for the company's operations last year follow:
\table[[Units in beginning inventory,],[Units produced,0],[Units sold,240],[Units in ending inventory,225],[Variable costs per unit:,15],[Direct materials,$140
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